Maltese Construction Group Orders Two Cargo Ships from Damen, Entering Shipping Sector
2026-04-01 15:29
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en.Wedoany.com Reported - Malta's Polidano Group is expanding its business portfolio by ordering two small cargo ships from Dutch shipbuilder Damen to enter the shipping sector. The construction-focused group has signed a contract for two 3,850 DWT Combi Freighters, a move aimed at strengthening its internal logistics system.

The new vessels, named Denise P and Julia P, will primarily transport aggregates between Albania and Malta, a key trade route for the company, while offering the flexibility to load containers and breakbulk cargo on return voyages. This order will replace the single vessel currently in operation.

The Damen CF 3850 series has a strong reputation in the short-sea shipping market. The latest deal marks the 49th and 50th orders for this design since its launch five years ago.

The two ships are being built at a Damen shipyard in China for fast delivery. The first vessel is expected to be delivered later this year, with the second scheduled for completion in the first quarter of 2027.

The transaction has attracted significant local attention and is seen as one of the first projects among recent newbuild cargo ships related to Malta.

Widely known in construction, real estate, and hospitality, the Polidano Group has been investing in its logistics chain in recent years. The latest order indicates the company is adopting a more proactive shipping strategy to control more supply chain segments and enhance its adaptability in regional trade.

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